Carmignac Euro Patrimoine revamped to European Long/Short strategy

The Carmignac Euro Patrimoine fund has undergone a strategy change towards a European L/S approach, renaming the fund to “Carmignac Portfolio Long-Short European Equities”. Net equity exposure will range between -20% and 50% of assets. The fund will keep a small long bias and has changed its benchmark towards 85% EONIA + 15% Stoxx Europe 600.